News

Greencoat invests £452m in UK wind assets, plans equity raise

Greencoat UK Wind, a specialist infrastructure asset manager, has paid £452 million ($590 million) for a 35.5% stake in two Scottish wind farms and announced plans to raise up to £131 million from a placing of new shares.

Moody's and S&P predict another record-breaking year for green bonds

Moody's and S&P have both predicted that the green bond market will hit a new peak in 2019, despite bearish conditions in the broader fixed income market.

S&P adds ESG sections in credit rating reports

S&P Global Ratings has started to include a dedicated environmental, social and governance (ESG) section in credit rating reports for companies.

France prepares fifth tap of green bond at auction

France plans next week to tap its ground-breaking green bond, for the fifth time.

People Moves: Lazard Asset Management, BlackRock, Pensions Infrastructure Platform, PGGM, Carbon Market Institute and St. James's Place

BP to support CA100+ shareholder resolution

Oil and gas giant BP is set to broaden its corporate reporting to describe how its strategy is consistent with the goals of the Paris Agreement, after it committed to supporting a Climate Action 100+ (CA100+) shareholder resolution.

Finland’s Varma tightens screws on coal industry

Varma Mutual Pension Insurance Company, Finland’s largest private investor, has put added emphasis on climate change mitigation in the latest update of its responsible investment principles.

No ‘greenium’ for energy efficient buildings, says advisor

Investors looking for a premium from investments in energy efficient real estate are likely to be disappointed, a director of a specialist investment management and advisory firm has claimed.

Suncorp best-placed insurer to ride out APAC climate risk, Sustainalytics says

Suncorp has been identified by Sustainalytics as the best-positioned property and casualty insurers to ride out climate risks in the volatile Asia-Pacific region.

Morningstar launches low carbon risk indexes

Morningstar has launched the first low-carbon indexes based on Sustainalytics' Carbon Risk Rating.